Director, Head of Commercial Performance & Effectiveness
Director, Head of Commercial Performance & Effectiveness

Director, Head of Commercial Performance & Effectiveness

Full-Time 80000 - 100000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Lead the commercial strategy and drive performance in a dynamic team.
  • Company: Join Lloyds Banking Group, an innovative bank shaping finance for good.
  • Benefits: Generous pension, annual bonus, 30 days holiday, and flexible working options.
  • Other info: Diversity-focused workplace with excellent growth opportunities.
  • Why this job: Be part of a transformative team making a real impact in financial services.
  • Qualifications: Strong commercial skills and exceptional P&L management experience required.

The predicted salary is between 80000 - 100000 £ per year.

We have an exciting opportunity for a Director, Head of Commercial Performance & Effectiveness to join our Commercial Cards team. This is a senior leadership role accountable for leading the commercially focused elements of the commercial card business, including portfolio and sales performance, commercial strategy, data, pricing and contract management. You’ll partner with Finance, Sales and Digital teams as well as Product and Operational teams to drive strong commercial outcomes aligned to the business strategy. Reporting directly to the Head of Commercial Cards, you’ll play a key role as part of the Commercial Card Leadership Team. This role provides a great opportunity to lead a dynamic and forward-thinking team and to shape and deliver the business strategy. The Commercial Card business is transforming and growing, so there couldn’t be a better time to join us.

Your Accountabilities Will Include:

  • Own and drive the commercial strategy
  • Oversight and management of the end-to-end P&L
  • Ensuring pricing strategy and methodology reflect business outcomes
  • Drive understanding and track portfolio performance to inform the strategy
  • Partner closely with Finance and Sales teams to accurately track and report progress
  • Leading, coaching, and mentoring the team to enable high performance
  • Managing customer contracts and ensuring performance in line with standards and terms

What You’ll Need:

  • Strong commercial skills
  • Experience leading commercialisation teams and/or projects
  • Exceptional P&L management skills
  • Strong leadership skills
  • Excellent interpersonal skills coupled with the ability to think laterally, be innovative and find creative solutions
  • Brilliant collaborator across matrix teams

And Any Experience Of These Would Be Useful:

  • Experience and understanding of Commercial Cards
  • Knowledge of Cards payment rails and funding models

About Working For Us:

Our ambition is to be the leading UK business for diversity, equity and inclusion supporting our customers, colleagues and communities. We’re committed to creating an environment in which everyone can thrive, learn and develop. We were one of the first major organisations to set goals on diversity in senior roles, create a menopause health package, and a dedicated Working with Cancer Initiative. We offer reasonable workplace adjustments for colleagues with disabilities, including flexibility in office attendance, location, and working patterns. And, as a Disability Confident Leader, we guarantee interviews for a fair and proportionate number of applicants who meet the minimum criteria for the role with a disability, long-term health or neurodivergent condition through the Disability Confident Scheme. We provide reasonable adjustments throughout the recruitment process to reduce or remove barriers — just let us know what you need.

We Also Offer:

  • A generous pension contribution of up to 15%
  • An annual performance-related bonus
  • Share schemes including free shares
  • Benefits you can adapt to your lifestyle, such as discounted shopping
  • 30 days’ holiday, with bank holidays on top
  • A range of wellbeing initiatives and generous parental leave policies

If you’re excited by the thought of becoming part of our team, get in touch. We’d love to hear from you! At Lloyds Banking Group, we're driven by a clear purpose: to help Britain prosper. Across the Group, our colleagues are focused on making a difference to customers, businesses and communities. With us you'll have a key role to play in shaping the financial services of the future, whilst the scale and reach of our Group means you'll have many opportunities to learn, grow and develop.

We keep your data safe. So, we'll only ever ask you to provide confidential or sensitive information once you have formally been invited along to an interview or accepted a verbal offer to join us, which is when we run our background checks. We’ll always explain what we need and why, with any request coming from a trusted Lloyds Banking Group person. We’re focused on creating a values-led culture and are committed to building a workforce which reflects the diversity of the customers and communities we serve. Together we’re building a truly inclusive workplace where all of our colleagues have the opportunity to make a real difference.

Director, Head of Commercial Performance & Effectiveness employer: Lloyds Banking Group

Lloyds Banking Group is an exceptional employer that champions innovation and inclusivity, making it a fantastic place for professionals looking to lead in the financial sector. With a strong commitment to employee growth, generous benefits including a substantial pension contribution, and a culture that prioritises diversity and well-being, you will thrive in a dynamic environment that empowers you to shape the future of finance. Join us in a role where your leadership will directly impact our commercial strategy and contribute to meaningful outcomes for our customers and communities.
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Contact Detail:

Lloyds Banking Group Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Director, Head of Commercial Performance & Effectiveness

✨Tip Number 1

Network like a pro! Reach out to your connections in the industry, especially those who work at Lloyds Banking Group. A friendly chat can open doors and give you insider info about the role.

✨Tip Number 2

Prepare for the interview by researching the latest trends in commercial performance and effectiveness. Show us that you’re not just a candidate, but a thought leader ready to drive change.

✨Tip Number 3

Practice your leadership stories! We want to hear about your experiences leading teams and driving results. Be ready to share specific examples that highlight your skills and achievements.

✨Tip Number 4

Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows us you’re genuinely interested in joining our innovative team.

We think you need these skills to ace Director, Head of Commercial Performance & Effectiveness

Commercial Strategy
P&L Management
Leadership Skills
Interpersonal Skills
Collaboration
Project Management
Data Analysis
Sales Performance Tracking
Contract Management
Innovative Thinking
Coaching and Mentoring
Understanding of Commercial Cards
Knowledge of Payment Rails
Creative Problem-Solving

Some tips for your application 🫡

Tailor Your Application: Make sure to customise your CV and cover letter for the Director role. Highlight your commercial skills and leadership experience that align with our needs. We want to see how you can drive our commercial strategy!

Showcase Your Achievements: Don’t just list your responsibilities; share specific examples of how you've led teams or projects to success. Use metrics where possible to demonstrate your impact on P&L management and portfolio performance.

Be Authentic: Let your personality shine through in your application. We’re looking for someone who can collaborate across teams and think creatively, so don’t be afraid to show us what makes you unique!

Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way to ensure your application gets to the right people. Plus, it shows us you’re serious about joining our innovative team!

How to prepare for a job interview at Lloyds Banking Group

✨Know Your Commercial Strategy

Before the interview, dive deep into the company's commercial strategy. Understand how they position their commercial cards in the market and be ready to discuss how your experience aligns with their goals. This shows you’re not just interested in the role but also invested in their success.

✨Showcase Your P&L Mastery

Be prepared to discuss your experience with P&L management. Bring specific examples of how you've driven financial performance in previous roles. Highlight any innovative strategies you've implemented that led to improved profitability, as this is crucial for the position.

✨Demonstrate Leadership Skills

As a senior leadership role, they’ll want to see your ability to lead and mentor teams. Share stories of how you've successfully developed talent and fostered high performance within your teams. This will illustrate your capability to drive results through others.

✨Collaborate Like a Pro

Since the role involves partnering with various teams, prepare to discuss your collaboration skills. Think of examples where you’ve worked across departments to achieve a common goal. Emphasising your ability to build relationships will resonate well with the interviewers.

Director, Head of Commercial Performance & Effectiveness
Lloyds Banking Group

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